Align Technology (ALGN) Tops Q3 EPS by 2c
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Revenue Growth %: +3.3%
Financial Fact:
Interest and other income (expense), net: 1.46M
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Align Technology (NASDAQ: ALGN) reported Q3 EPS of $0.34, $0.02 better than the analyst estimate of $0.32. Revenue for the quarter came in at $207.6 million versus the consensus estimate of $205.09 million.
"Q3 was another good quarter, with revenues and EPS above the high-end of our guidance," said Joe Hogan, Align Technology President and CEO. "Our results were driven by strong Invisalign case volume, with growth across all customer channels and geographies, reflecting our highest year-over-year growth in North America in three years with continued strength coming from EMEA and APAC, expansion in low-stage product segment and seasonally strong uptake by teenage patients, which account for 75% of the Orthodontic market."
For earnings history and earnings-related data on Align Technology (ALGN) click here.
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